Goldman Sachs sees ECB, BoE pause, Riksbank hike

LONDON (MarketWatch) -- Economists at Goldman Sachs expect the European Central Bank and the Bank of England to keep rates on hold this week and the Swedish Riksbank to hike by a quarter point. For the ECB, where markets have been uncertain on what the central bank will do, Goldman Sachs noted that money markets have not returned to normal and that interbank market is still in "highly unusual territory." It said there's a possiblity of a currency swap between the ECB and the Fed to get U.S. dollars into the hands of European banks.

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